Message-ID: <9746171.1075856388100.JavaMail.evans@thyme>
Date: Tue, 9 Jan 2001 02:17:00 -0800 (PST)
From: zimin.lu@enron.com
To: andrea.reed@enron.com
Subject: HC collar valuation - update
Cc: vince.kaminski@enron.com, stinson.gibner@enron.com
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Andrea,

We computed the HC historical volatility for last 3 years, it is 47.2%.

Using this volatility, the costless collar call strike is at 83.32.



Zimin

 